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Yoda Company's accountant prepared the following income statement for the month of June: Yoda Company Income Statement For the Month of June Sales revenue $10,000,000
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Yoda Company's accountant prepared the following income statement for the month of June:
Yoda Company Income Statement For the Month of June Sales revenue $10,000,000 Cost of goods sold 3,500,000 Gross margin $6,500,000 Less: Selling expense 800,000 Administrative expense 1,500,000 Operating income $4,200,000 Required:
Round your answers to the nearest whole percent.
A. Calculate the sales revenue percent. %
B. Calculate the cost of goods sold percent. %
C. Calculate the gross margin percent. %
D. Calculate the selling expense percent. %
E. Calculate the administrative expense percent. %
F. Calculate the operating income percent. %
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